Illinois Up 105,600 Jobs Since Recovery; Leads Midwest in Growth
“Illinois’ economy continues to take small, positive steps despite the pressure of an uneven national recovery,” IDES Director Jay Rowell said. “Illinois has recorded job growth in eight of 11 months. We have averaged nearly 6,000 new jobs each month this year. And we continue to lead the Midwest in job growth since the recovery began. This is progress that people can see. Illinois’ economy is moving in the right direction.”
Illinois has added +62,300 jobs so far this year and +105,600 jobs since January 2010 when job growth returned to Illinois after 23 consecutive months of declines. That represents a 1.9 percent job growth, compared to the nation’s 1.9 percent. Since January 2010, leading growth sectors in Illinois are Professional and Business Services (+53,800); Educational and Health Services (+38,100); Trade, Transportation and Utilities (+22,600); and Manufacturing (+18,200). Government has lost the most jobs since January 2010, down -13,600.
In November 2011, unemployed individuals decreased for the first time since April, down -8,100 (-1.2 percent) to 660,600. Total unemployed has declined -79,500 (-10.7 percent) since January 2010 when the state unemployment rate peaked at 11.2 percent. The unemployment rate identifies those who are out of work and seeking employment. A person who exhausts benefits, or is ineligible, still will be reflected in the unemployment rate if they actively seek work.
The IDES supports economic stability by administering unemployment benefits, collecting business contributions to fund those benefits, connecting employers with qualified job seekers, and providing economic information to assist career planning and economic development. It does so through nearly 60 offices, including Illinois workNet centers.
Seasonally Adjusted Unemployment Rates
|
|
November |
October |
November |
3-Month |
|
Illinois |
10.0% |
10.1% |
9.4%* |
10.0% |
|
U.S. |
8.6% |
9.0% |
9.8%* |
8.9% |
|
* Revised |
||||
Illinois Seasonally Adjusted Non-farm Jobs – by Major Industry
|
Industry Title |
November |
October |
November |
Over the Month Change |
Over the Year |
3-Month |
Change from |
|
Total Nonfarm |
5,686,100 |
5,685,500 |
5,629,000 |
600 |
57,100 |
5,676,700 |
8,700 |
|
Mining |
9,600 |
9,300 |
9,400 |
300 |
200 |
9,500 |
0 |
|
Construction |
199,400 |
201,100 |
197,200 |
-1,700 |
2,200 |
200,600 |
-1,900 |
|
Manufacturing |
571,400 |
571,500 |
560,600 |
-100 |
10,800 |
570,800 |
300 |
|
Trade, Transportation, & Utilities |
1,141,400 |
1,142,300 |
1,127,200 |
-900 |
14,200 |
1,140,200 |
2,200 |
|
Information |
96,800 |
97,400 |
101,400 |
-600 |
-4,600 |
96,600 |
-200 |
|
Financial Activities |
356,800 |
358,100 |
359,400 |
-1,300 |
-2,600 |
356,900 |
-100 |
|
Professional and Business Services |
834,100 |
830,500 |
805,700 |
3,600 |
28,400 |
828,000 |
5,000 |
|
Educational and Health Services |
859,800 |
859,500 |
844,600 |
300 |
15,200 |
858,100 |
3,400 |
|
Leisure and Hospitality |
522,300 |
521,700 |
518,100 |
600 |
4,200 |
521,000 |
1,100 |
|
Other Services |
251,700 |
251,800 |
253,100 |
-100 |
-1,400 |
252,400 |
-700 |
|
Government |
842,800 |
842,300 |
852,300 |
500 |
-9,500 |
842,700 |
-200 |
|
|
* Preliminary ** Revised |
|
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Notes:
· Illinois monthly labor force, unemployed and unemployment rates for years 2006-2010 have been revised as required by the U.S. Bureau of Labor Statistics. In February of each year, monthly labor force data for all states are revised to reflect updated Census population controls, seasonal factors, non-farm jobs and unemployment insurance claims inputs. Data were also smoothed to eliminate large monthly changes as a result of volatility in the monthly household (CPS) survey. Comments and tables distributed in prior Illinois unemployment rate news release materials should be discarded because any analysis, including records, previously cited might no longer be valid.
· Seasonally adjusted employment data for subsectors within industries are not available. For not seasonally adjusted jobs data with greater industry detail, go to http://lmi.ides.state.il.us/cesfiles/cescurrent.htm.
· “Other Services” includes a wide range of activities in three broad categories: Personal and laundry; repair and maintenance; and religious, grant making, civic and professional organizations.
· Monthly seasonally adjusted unemployment rates for Illinois and the Chicago-Naperville-Joliet Metropolitan Division are available at: http://lmi.ides.state.il.us/laus/icmaur.htm.